Gold falls below $4,000 after oil prices jump
Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened....
Tag : Federal Reserve
Dollar heads for weekly gain as yen nears 160 level
The dollar headed for a weekly gain on Friday as the yen hovered near the key 160 per dollar level, keeping currency markets focused on...
CBUAE leaves base rate unchanged at 3.65%
ABU DHABI: The Central Bank of the UAE kept the Base Rate applicable to the Overnight Deposit Facility unchanged at 3.65% on April 29, leaving the country’s main...
Gold steadies as markets watch US-Iran talks
ISLAMABAD: Gold prices held steady on Thursday as investors weighed a fragile U.S.-Iran ceasefire, preparations for talks in Islamabad and a fresh round of U.S. inflation data that...
Bitcoin and crypto markets react to global $17.3 trillion oil shock
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital...
Gold prices rise as risk sentiment weakens globally
LONDON, December 19, 2025: Gold prices rose on Thursday as investors shifted toward safe-haven assets amid weaker risk sentiment following mixed U.S. labor market data, geopolitical tensions, and firm...
Investors uneasy as Trump tariffs cloud US economy
U.S. stocks declined again on Tuesday as trade tensions linked to President Donald Trump's tariff policies continued to cloud the economic outlook, prompting more companies...
US markets tumble as Trump revives tariff-based strategy
The U.S. stock market has experienced significant volatility during the early months of President Donald Trump’s second term, recording one of the weakest openings to...
SEC FDIC clarify crypto custody roles for financial firms
The United States Federal Reserve Board has announced the withdrawal of previous guidance that restricted banks from participating in cryptocurrency-related activities without prior approval. The...
Powell defends Fed’s independence amid Trump’s remarks
U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for...